{"data":{"id":"us-nm/46-14-16","jurisdiction":"us-nm","citation":"46-14-16","heading":"Office of trust director.","body":"Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:\nA. acceptance under Section 46A-7-701 NMSA 1978;\nB. giving of bond to secure performance under Section 46A-7-702 NMSA 1978;\nC. reasonable compensation under Section 46A-7-708 NMSA 1978;\nD. resignation under Section 46A-7-705 NMSA 1978;\nE. removal under Section 46A-7-706 NMSA 1978; and\nF. vacancy and appointment of successor under Section 46A-7-704 NMSA 1978.","path":["Chapter 46 - Fiduciaries and Trusts","ARTICLE 14 Uniform Directed Trust"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18547/index.do","current_through":"2024-04-26","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"685760d7a41da105cd559af3df02c43f08ea8d69e47b509bbe1065f4d336185a","source_id":"us-nm","stale":false,"prev":"us-nm/46-14-15","next":"us-nm/46-14-17"},"notice":"GroundRules: Original legal text. Not legal advice."}